Ctrip to spend 100 million dollars to buy a hi car rental

"TechWeb report" a few days ago, Ctrip spent 60 million of dollars to invest more easily to use the car, but not long after Ctrip to sell more than 100 million dollars to the other car rental company "a Hi Car Rental" (download). Hi, Cai Lihong, executive vice president of car rental, said that a car will be an infusion of ctrip, the total amount of more than 100 million dollars, which is equivalent to a car to complete an IPO. Hi, a car. The negotiations with Ctrip were carried out several months earlier. "A car rental will use this money to buy vehicles, hire people, and increase the number of stores". Ctrip today also confirmed that "a Hi car Rental" This round of financing more than 100 million U.S. dollars, Ctrip is one of the main investors, but the specific amount and the percentage of the shareholding is not disclosed. After the investment Ctrip becomes a hi second largest shareholder. The first big shareholder is still enterprise the largest U.S. car rental company.